4641 Arlington Avenue, Riverside, CA 92504
  • MLS#: SB24174317 ( Apartment )
  • Street Address: 4641 Arlington Avenue
  • Viewed: 1
  • Price: $11,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1967
  • Bldg sqft: 0
  • Days On Market: 85
  • Additional Information
  • County: RIVERSIDE
  • City: Riverside
  • Zipcode: 92504
  • Provided by: Premiere Estates International Real Estate
  • Contact: Todd Todd
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Trust sale First time on market in decades. 44 unit multifamily complex minutes from the 91 freeway and downtown Riverside. Income growth opportunity, tenant repositioning opportunity. The 91 freeway corridor is one of the fastest growing markets in southern California. Gross income has increased each year from 2022, 2023 and on track for 2024 gross income increase by $90,000. Tenant pays gas, electricity, internet. Two building and two APNs. Property is sold in As Is condition, seller will not make any repairs.
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Features
Additional Parcels Description
  1. 226210020
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 33884.00
Carport Spaces
  1. 25.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 45
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 4.00
Insurance Expense
  1. 0.00
Laundry Features
  1. Common Area
Lockboxtype
  1. None
Lot Features
  1. Lawn
Netoperatingincome
  1. 483000.00
Number Of Separate Electric Meters
  1. 44
Number Of Separate Gas Meters
  1. 44
Parcel Number
  1. 226210019
Parking Features
  1. Carport
  2. Driveway
  3. Garage
Pool Features
  1. Private
  2. Fenced
  3. In Ground
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 421608376:CRM
Tenant Pays
  1. Sewer
  2. Trash Collection
  3. Water
Totalexpenses
  1. 280000.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 14.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1967
Year Built Source
  1. Appraiser